Tag Archives: EUR/GBP
UBS Morning Adviser
Reserve Stagnation Boosts Buck In their latest Macro Keys (May 29th), our Emerging Market strategy team highlights that the current round of weakness in EM FX is likely to be with is for some time.
USD trading all over the shop on USDJPY flows.
There was a flurry of “developments” out of Japan today that saw a dramatic pivot in JPY crosses after USDJPY looked like it wanted to have a look at the 100 level.
FX Daily Majors
Today’s highlights: • NZDUSD stays capped beneath the .8215 price barrier leaving our bias still bearish for .7923/14 next.
Morning FX Market Commentary
Currencies: Dollar fails to hold post consumer confidence gains The dollar lost ground across the board. The US currency was sold as LT US bond yields declined more than in other core countries.
FX Daily
Market movers today • In the euro area, the EU Commission is due to release its confidence indicators, which we expect to show some improvement in May from low levels.
UBS Morning Adviser
Capex Comforts Australian Dollar We remain cautious on the Australian dollar given the risk the Reserve Bank of Australia will cut interest rates again from 2.75% this year.
FX G10/EM Morning Trader Views
EUR – Still dancing around in the range – yesterdays fail at 1.2950 area topside, with supply from rm/spec accounts – pre-empted the sell off post US consumer confidence data,
FX Daily Majors
Today’s highlights: • AUDUSD has fallen sharply again and below .9585/75 should see the bear trend directly extend for .9407/.9388.
Morning FX Market Commentary
Currencies: Dollar jumps on higher US bond yields A strong US consumer confidence report rekindled market speculation that the Fed might reduce policy stimulation in a not that distant future.
EUR/GBP Technical Analysis
(0,8549) EUR/GBP is confirming further consolidation interior the inside day with 0,8600 – 0,8505 still the levels to follow in the coming hours;
FX Daily
Market movers today • We expect that German inflation has remained subdued in May. Core inflation is running at a very low level and
UBS Morning Adviser
Confidence Cushion The dollar’s favourable response to consumer confidence figures released on Tuesday has demonstrated how risk-currency status for the dollar can only be generated through a virtuous data cycle.